Sweet. I've been doing the same. Just finished restoring two I got from my wifes grandpa. A Penn 109 and Penn Long Beach. FYI "Iron out" works great to remove corrosion and rust on metal parts. Just let them soak overnight.
Congrats. I'm blessed to live in Panama City. Trout and Redfish are my main targets 90 percent of the time. I currently don't have a tin boat but am working on it. Have a 18' Key West center console but want something to get further into the skinny water. Glad you had a good time.